Kiva Microlending

Saturday

Apr 6, 2013 at 12:01 AM

Thank you for your excellent article regarding Muhammad Yunus ["Father of Microcredit Movement Believes in ‘The Power of the Loan'," March 22]. He started the microlending industry in Bangladesh when he loaned $27 to a poor woman. In 2006, he won the Nobel Peace Prize for his work.By visiting www.kiva.org, you, too, can make small loans to poor people.Kiva was started in 2005 and has loaned more than $415 million to people in 67 countries, including the U.S.More than 909,000 lenders all over the world participate in Kiva. When your loan is repaid, you may reloan the amount or it will pay you back.It has a complete, interesting website you will enjoy, whether you choose to participate or not.TOM WILSONHaines City